Oura Buys AI Gesture-Recognition Startup to Pursue IPO and Expand Wearables

Oura has acquired Doublepoint, a Helsinki-based AI gesture-recognition company, in its latest strategic move. The deal is valued at $11 billion and marks the wearable brand's fourth major acquisition since securing $900M in funding. With this new purchase, Oura aims to expand beyond health sensing into ambient computing, positioning itself for a potential IPO.